Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs. The investment, from the undisclosed firm, is split between 9,027,778 new Class A
Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week BlackRock mints a new most-profitable ETF, S&P Global gets in the mix, and Coinbase stakes its claim on New York. Bitcoin Rules at BlackRock BlackRock’s iShares Bitcoin Trust has become the $12 trillion asset manager’s most profitable
Following China’s announcement that it would impose sweeping export controls starting November 1, 2025, US President Donald Trump announced that Washington would take countermeasures on the same date. Trump, in a statement on Truth Social, stated that China plans to impose export restrictions on “almost every product it manufactures and even some that it doesn’t,”
Lemon, a leading Argentina-based cryptocurrency exchange, has raised $20 million in its Series B funding round as the country attracts the interest of international capital. Marcelo Cavazzoli, founder and CEO of Lemon, declared that his next goal was to start operations in all of Latam. Argentina-Based Crypto Exchange Lemon Raises $20 Million in Series B
Securitize, the tokenization platform behind several major blockchain-based investment products, including BlackRock’s tokenized US Treasury fund, is reportedly in talks with Cantor Fitzgerald to go public via a Special Purpose Acquisition Company (SPAC). Bloomberg reported Friday, citing anonymous sources, that Securitize is in discussions to merge with Cantor Equity Partners II Inc., a blank-check firm
Treasury Secretary Scott Bessent has reduced the crowded field for the Federal Reserve chair down to five contenders after a series of long interviews, some running for two hours. The cut from 11 candidates to 5, announced late this week, marks the most important step yet in a process that will stretch into early next
U.S. stocks opened higher on Friday as Wall Street set its eyes on a positive weekly close, with the Dow Jones Industrial Average up 180 points despite the government shutdown extending into day 10. Summary Stocks traded higher on Friday as Wall Street looked to end the week on a winning note. Dow was up
Standard Chartered’s recent research warned that stablecoins could drain up to $1 trillion from emerging market (EM) banks over the next three years as savers flock to digital dollar assets. While that figure represents only around 2% of total deposits across the most vulnerable economies, the structural implications could be historic. Experts Weigh in on
The United States has finalized a $20 billion currency swap agreement with Argentina in one of the Trump administration’s most direct interventions to stabilize a foreign economy since he returned to the Oval Office. Treasury Secretary Scott Bessent announced the deal on Thursday after four days of close discussions in Buenos Aires. “The US Treasury
A report from The Guardian has detailed how Christopher Harborne, a shareholder in DigFinex, the parent company of Bitfinex and Tether, and a large donor to Boris Johnson, traveled with Johnson on a trip to Ukraine. This report was based on the “Boris Files,” a collection of files purportedly hacked from Johnson’s office and shared